IEA

The International Energy Agency (IEA), based in Paris, is an autonomous agency linked with the Organisation for Economic Co-operation and Development (OECD). The Directorate of Sustainability, Technology and Outlooks publishes the World Energy Outlook and Energy Technology Perspectives, which provide detailed analysis and explore different aspects of energy scenarios covering supply, demand and CO2 emissions by fuel, sector and technology to 2050. The IEA currently analyses three long-term scenarios reflecting different policy environments. The Stated Policies Scenario (STEPS) portrays an energy future that reflects current policy settings as well as policies that are under development, while the Announced Pledges Scenario (APS) assumes that all climate commitments made by governments and industries around the world, including Nationally Determined Contributions (NDCs) and longer-term net zero targets, will be met in full and on time.
The Net Zero Emissions by 2050 Scenario (NZE) sets out a pathway for the global energy sector to achieve net zero CO2 emissions by 2050. It does not rely on emissions reductions from outside the energy sector to achieve its goals. In addition, NZE achieves UN Sustainable Developments Goals related to the achievement of universal access to electricity and clean cooking by 2030. The consequences of these three scenarios for, e.g. energy security, CO2 emissions, energy investments, and global energy trade are analysed in a forward-looking manner, with policy implications highlighted. The IEA’s scenarios are calculated using the Global Energy and Climate Model – a large-
scale bottom-up partial-optimisation modelling framework allowing for a unique set of analytical capacities in energy markets, technology trends, policy strategies and investments across the energy sector, which covers 29 separate countries and regions that can be aggregated to world-level results.

For more information on the International Energy Agency, please contact:
Dr. Fatih Birol
Executive Director,
International Energy Agency
9, rue de la Federation
75739, Paris, Cedex 15, France
faith.birol@iea.org
http://www.iea.org

Mrs. Laura Cozzi
Director, Sustainability, Technology and Outlooks
International Energy Agency
9, rue de la Federation
75739, Paris, Cedex 15, France
laura.cozzi@iea.org